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The end of an era for China

Probably the least surprising thing about China’s GDP growth rate for the first three months of the year is that it slowed to 7%. After all, that’s the target for the year. What’s more surprising are the drivers: consumption more than investment, services outpacing manufacturing, and domestic demand rather than exports. Taking today’s figures and the data for March together with the full year picture for 2014 shows that china economyChina’s growth drivers are changing. Consumption contributed 3.8 percentage points to 2014’s 7.4% ...

CSE AGM held

The 20thAnnual General Meeting (AGM) of Chittagong Stock Exchange Limited held on Thursday at CSE Conference hall, Agrabad, Chittagong. PhotoDr. Muhammad Abdul Mazid, Chairman CSE conducted the AGM. The CSE Board of directors Prof. Mamtaz Uddin Ahmed, FCMA, Professor Dr. Mohammad Ayub Islam, Dr. Moinul Islam Mahmud, Mr. Showkat Hossain, FCA, Mr. Nasir Uddin Chowdhury, Mr. Mirza Salman Ispahani, Mr. Mohammad Khairul Anam Chowdhury, Mr. Mohammed Mohiuddin FCMA, Mr. Md. Shamsul Islam, FCA, Managing Director Mr. Wali-ul-Maroof Matin, and C...

New Zealand link to Bangladesh hardline forces

New Zealand’s spies are scooping up intelligence material on terrorists in Bangladesh and passing it to local security forces with a reputation for murder and torture, according to secret documents. The link between intelligence gathering by the Government Communications Security Bureau (GCSB) and foreign security agencies, which engage in widespread killing and torture, has RABsparked concern among New Zealand’s Opposition politicians. The connection came in documents taken by whistleblower Edward Snowden when he walked out of his job as a contracto...

Digital Bangladesh: an ICT revolution

The Bangladeshi government’s Digital Bangladesh initiative not only looks to transform the country into a modern, knowledge-based society by 2021, but also establish the South Asian nation as the world’s next ICT destination In today’s ultra-modern society, information and communication technology (ICT) has become an increasingly powerful tool in the realization of socio-economic development. Indeed, advances in ICT have been responsible for bringing tremendous welfare Digital-World-450x234improvements around the wor...

Satellite boosts flood prediction in Bangladesh

Backed by a new satellite observation system officials at Bangladesh’s Flood Forecasting and Warning Centre (FFWC) are confident of staying ahead of flood-related disasters in the country this season. Every year, between March and September, monsoon rains and floodsnow-fed rivers combine to inundate this deltaic country, resulting in damage to crops and property and loss of lives. Experimental trials conducted last year by FFWC using data from the JASON-2 satellite — that was developed by SERVIR and the International Centre for Integrated Mountai...

Leather sector poised for growth after environmental reform

Bangladesh’s highly productive leather sector, under growing international scrutiny for destructive environmental practices, now seems poised for new growth as a major environmental upgrade nears completion. For decades, pollution from Dhaka’s tanneries has poured into the Buriganga River, wiping out aquatic life and forcing the city to rely heavily on groundwater for washing and drinking. But a new industrial campus and a central effluent treatment plant (CETP) on the outskirts of the city are promising an environmental turnaround that has quieted international criticism and sparked new economic optimism.
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